L&T Money Market Fund
(Formerly known as L&T Floating Rate Fund)ᵟ

Data as on September 30, 2018


L&T Money Market Fund
(Formerly known as L&T Floating Rate Fund)ᵟ

Data as on September 30, 2018


Fund Details

NAV of Plans/Options
(as on September 28, 2018)

Rs
Daily Dividend Plan - Regular Plan
10.8591
Weekly Dividend - Regular Plan
13.1515
Monthly Dividend - Regular Plan
11.4141
Growth Plan - Regular Plan
17.7324
Daily Dividend Plan - Direct Plan
10.8591
Weekly Dividend Plan - Direct Plan
13.1949
Monthly Dividend - Direct Plan
11.7296
Growth Plan - Direct Plan
18.1035
Date of Inception :
RegularAugust 10, 2005
Direct PlanJanuary 01, 2013
Total Expense Ratio+ : 0.81% (Regular)
0.28% (Direct)
- Including Additional Expenses, B30 charges and GST on Management Fees
- Total Expense Ratio is as on the last business day of the month
Options• Growth
• Dividend
1. Daily Dividend (Payout)
2. Weekly Dividend (Payout)
3. Monthly Dividend (Re-investment and Payout)
Minimum Application size
(Initial)
Rs 10,000 per application and in multiples of Rs 1 thereafter
Additional InvestmentRs 1000 per application and in multiples of Rs 1 thereafter
Minimum Redemption SizeRs 500 or 50 units
Fund ManagerMr. Vikas Garg and Mr. Jalpan Shah (w.e.f. April 03, 2017)
BenchmarkCRISIL Liquid Fund Index
Monthly Average AUM (Rs In Crs)1,379.79
Month end AUM(Rs In Crs)1,325.18

Portfolio Allocation
Name Of Instrument
Rating/Industry
% to Net
Assets

DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
DEBT INSTRUMENTS
MONEY MARKET INSTRUMENT
Commercial Paper/Certificate of Deposit
Indiabulls Housing Finance Limited CRISIL A1+ 5.42%
JM Financial Products Limited CARE A1+ 5.20%
Green Infra Wind Energy Limited ICRA A1+ 4.01%
National Bank for Agriculture & Rural Development ICRA A1+ 3.74%
Muthoot Homfin India Limited (Subsidiary of Muthoot Finance Ltd) ICRA A1+ 3.73%
Tata Communications Payment Solutions Limited (Letter of comfort from Tata Communications Ltd) CARE A1+(SO) 3.73%
Skipper Limited CARE A1+ 3.72%
AU Small Finance Bank Limited IND A1+ 3.71%
Reliance Jio Infocomm Limited CARE A1+ 3.71%
Renew Solar Power Private Limited (corporate guarantee of Renew Power Ltd) CARE A1+(SO) 3.70%
Aadhar Housing Finance Limited CRISIL A1+ 3.69%
Housing Development Finance Corporation Limited CRISIL A1+ 3.67%
IndusInd Bank Limited CRISIL A1+ 3.65%
Indostar Capital Finance Limited CARE A1+ 3.62%
Name Of Instrument
Rating/Industry
% to Net
Assets

Axis Bank Limited ICRA A1+ 3.33%
IIFL Management Services Limited CARE A1+ 2.99%
Essel Propack Limited IND A1+ 2.25%
Yes Bank Limited ICRA A1+ 2.18%
Berger Paints India Limited CRISIL A1+ 1.88%
IDFC Bank Limited ICRA A1+ 1.87%
Power Finance Corporation Limited CRISIL A1+ 1.87%
HT Media Limited CRISIL A1+ 1.87%
Manappuram Home Finance Limited (Subsidiary of Manappuram Finance Ltd) CRISIL A1+ 1.86%
Manappuram Finance Limited CRISIL A1+ 1.86%
Coastal Gujarat Power Limited (corporate guarantee of Tata Power Company Ltd) CRISIL A1+(SO) 1.85%
Northern Arc Capital Limited ICRA A1+ 1.85%
Reliance Industries Limited CRISIL A1+ 1.83%
LIC Housing Finance Limited CRISIL A1+ 1.83%
Samasta Microfinance Limited (Subsidiary of India Infoline Finance Limited) ICRA A1 1.79%
Small Industries Development Bank of India CARE A1+ 1.78%
Dewan Housing Finance Corporation Limited CRISIL A1+ 1.76%
Total 89.95%
Others
CBLO / Reverse Repo - 7.67%
Net Receivable/Payable - 2.38%
Grand Total 100.00%
Average Maturity 0.29 years
Modified Duration 0.27 years
YTM 8.46%





Pursuant to declaration/ payment of dividend, the NAV will fall to the extent of the payout and statutory levy (if applicable).
Face value Rs10/-.
Past performance of the aforesaid schemes may or may not be sustained in future.
Please note that the dividend rates mentioned are post applicable dividend distribution tax deduction.

Investment objective:To generate regular income through investment in a portfolio comprising substantially of money market instruments.ᵟ
Exit Load: Nil
ᵟPursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from May 14, 2018.
For details of other funds managed by the Fund Manager and the performance of the schemes, please refer to 'Scheme Performance Section'
+ Please refer to note on expense ratios in 'Fund Manager wise Scheme Details'

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